Qatar will soon start investment in Pakistan: Sheikh Abdulaziz Bin Ali Thani

Islamabad: The Sheikh Abdulaziz Bin Ali Thani Acting Head of Business Development Department of Qatar Investment Authority (QIA) said QIA would consider the different options available for making investment in Pakistan. He said the brotherly ties between Pakistan and Qatar serve as a good foundation for developing such cooperation.

A high level delegation of Qatar Investment Authority (QIA) led by Sheikh Abdulaziz Bin Ali Thani, Acting Head of Business Development Department of QIA is on the tour of Pakistan. The delegation held a meeting with Finance Minister, Senator Mohammad Ishaq Dar here on Monday. While Sheikh Abdulaziz Bin Ali Thani thanked the Minister for welcoming the delegation.

Finance Minister briefed the delegation about investment opportunities in Pakistan and shared with them details of various options that the QIA could follow to forge cooperation with GoP for undertaking investment. These included establishment of Pak-Qatar Investment Company, participation by QIA in Pakistan Infrastructure Development Fund, as well as undertaking projects independently in other sectors.

The Minister said that Pakistan has recently entered into an agreement with Qatar for import of LNG. He also mentioned about the 3600 MW LNG based projects where General Electric is supplying necessary equipment. The Minister also added that Saudi investors have plans in taking up projects in the field of petrochemicals and oil refineries.

Finance Minister, Senator Mohammad Ishaq Dar also said there were good opportunities for QIA to come to the fore and have its share of investment.

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